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Home Capital Group Inc HMCBF


Primary Symbol: T.HCG

Home Capital Group Inc. is a Canada-based holding company that operates through its principal subsidiary, Home Trust Company (Home Trust). Home Trust is a federally regulated trust company offering residential and non-residential mortgage lending, securitization of residential mortgage products, consumer lending and credit card services. In addition, Home Trust and its wholly owned subsidiary, Home Bank offer deposits through brokers and financial planners, and through a direct-to-consumer brand, Oaken Financial. Its mortgage lending includes classic single-family residential lending, insured residential lending, residential commercial lending, and non-residential commercial lending. Its consumer lending loan portfolio comprises credit cards, lines of credit and other consumer retail loans. In addition, the Company manages a treasury portfolio to support liquidity requirements and invest excess capital.


TSX:HCG - Post by User

Home Capital Group Inc
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Comment by Simon868on Sep 06, 2017 11:19am
34 Views
Post# 26661255

RE:With today's BOC interest rate hike, ain't seen nothing yet!

RE:With today's BOC interest rate hike, ain't seen nothing yet!
TITOOO wrote:
The rate hike Wednesday likely came as a bit of a surprise for some experts. Most of the big banks had been expecting Poloz to wait until October before introducing the second increase.
 


Moroons.  As a lender of cash, for the long-term, higher interest rates means higher earnings for them. 
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